Investment Market Update
Asian stocks added around 2% in afternoon trading, as automakers and tech stocks helped pull the market higher.
US stocks gave up most of its early gains after President Donald Trump's threat to shut down the government over funding for a border wall undid the boost to markets from optimism over China-US trade talks.
UK stocks ended 1.3% up, driven by mining stocks which benefited from hopes of progress in US-China trade talks.
- Donald Trump says he could intervene in the case of Huawei executive Meng Wanzhou if it helps to avoid a further decline in US relations with China.
- Tencent Music says it raised $1.1bn (£870m) in its US initial public share offering.It was at the lower end of the forecast range but it values the company at $21.3bn - making make it one of the biggest tech floats on Wall Street in recent years.
|FTSE All Share||3,715.79||1.2%||-12.0%||9.0%|
|FTSE Small Cap||5,217.10||0.4%||-11.8%||14.9%|
|St. James's Place||933.60||0.5%||-23.8%||20.9%|
|Euro Stoxx 600||344.18||1.5%||-11.6%||7.7%|
|Dow Jones Ind||24,370.24||-0.2%||-1.4%||25.1%|
|MSCI AC Asia Pacific||147.88||-0.3%||-14.9%||28.7%|
|MSCI World (Developed)||1,954.65||0.1%||-7.1%||20.1%|
|MSCI AC World (Dev & Em)||470.70||0.1%||-8.3%||21.6%|
|MSCI Emerging Markets||964.80||0.2%||-16.7%||34.2%|
|MSCI AC World Value||200.55||-1.1%||-10.5%||15.2%|
|MSCI AC World Growth||259.32||-0.5%||-6.3%||28.3%|
|FTSE Gilts All Stocks||3,650.73||-0.6%||1.7%||3.0%|
|FTSE Index Linked All Stocks||668.55||-1.6%||3.2%||2.3%|
|ML Sterling Corporate Bonds||393.22||-0.3%||-1.9%||5.7%|
|ML Global High Yield Bonds||368.11||0.0%||-2.5%||9.7%|
|Brent Crude Oil||60.20||0.4%||-4.4%||14.5%|
|Consumer Goods and Services||18,056.08||1.0%||-19.3%||13.6%|
|Oil & Gas||8,637.78||1.2%||-4.7%||6.0%|
|$ per £||1.26||0.4%||-7.0%||9.5%|
|€ per £||1.11||0.0%||-1.8%||-4.0%|
|¥ per £||142.12||0.2%||-6.6%||5.3%|
|VIX Index (Volatility)||21.76||-3.9%||97.1%||-21.4%|
|Baltic Dry Index||1,364.00||-1.5%||-0.1%||42.1%|
|BoE Base Rate||0.75%|
|LIBOR (3 months)||0.91%|
|Consumer Price Index||2.40%|
|Retail Price Index||3.30%|
|Yields / Ratios|
|FTSE 100 Adj P/E||11.31|
|FTSE All Share Adj P/E||11.24|
|FTSE All Share Yld||4.70%|
|15yr Gilt Yield||1.40%|
|10yr Gilt Yield||1.19%|
|10yr US Tres Yield||2.88%|
Market prices will reflect the last closing prices with the exception of the Asian markets which may be still trading at the time the data is obtained. The data for these markets is therefore a snapshot of live trading data obtained between 06.45 and 07.15 GMT. Growth is shown cumulative and is not annualised. A positive currency movement indicates the £ appreciating against the other currency. Performance data does not account for the re-investment of dividends. This information has been reproduced by kind permission of Bloomberg and does not necessarily reflect the opinions of St. James's Place Wealth Management. St. James's Place considers the information to be reliable but it is not intended to provide a sufficient basis on which to make an investment decision.
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